Lost in recessions: youth employment and earnings in Spain.

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY Accounts of Chemical Research Pub Date : 2022-01-01 Epub Date: 2021-11-26 DOI:10.1007/s13209-021-00244-6
Samuel Bentolila, Florentino Felgueroso, Marcel Jansen, Juan F Jimeno
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引用次数: 3

Abstract

Young workers in Spain face the unprecedented impact of the Great Recession and the COVID-19 crisis in short sequence. Moreover, they have also experienced a deterioration in their employment and earnings over the last three decades. In this paper, we document this evolution and adopt a longitudinal approach to show that employment and earnings losses suffered by young workers during recessions are not made up in the subsequent expansions. We also estimate the size of the scarring effects of entering the job market in a recession for college-educated workers during their first decade in the labor market. Our empirical estimates indicate that while there is some evidence of scarring effects, the driving force is a trend worsening of youth labor market outcomes.

Supplementary information: The online version contains supplementary material available at 10.1007/s13209-021-00244-6.

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衰退中迷失:西班牙青年就业和收入。
西班牙的年轻工人在短时间内面临着大衰退和COVID-19危机带来的前所未有的影响。此外,在过去三十年中,他们的就业和收入也出现了恶化。在本文中,我们记录了这一演变,并采用纵向方法表明,年轻工人在衰退期间遭受的就业和收入损失并没有在随后的扩张中得到弥补。我们还估计了在经济衰退中进入就业市场的受过大学教育的工人在进入劳动力市场的第一个十年中的疤痕效应的大小。我们的实证估计表明,尽管存在一些疤痕效应的证据,但推动因素是青年劳动力市场结果的趋势恶化。补充信息:在线版本包含补充资料,下载地址:10.1007/s13209-021-00244-6。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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